UK Commercial Property Trust
Is this breakout a good trade for you?
Will UK Commercial Property Trust turn, or will it continue to rise beyond 86p?
- The chart shows the last 8 month’s price action for UK Commercial Property Trust
- The shares have broken above a resistance level at 84.6p trade 85.4p (at time of writing).
- The ‘trend is your friend’. Will it continue?
- Shares -8% from 2018 highs; +6.2% from 2018 lows; -3.7% year-to-date.
- 24 Dec: Acquires distribution warehouse portfolio for £85m,
- 24 Oct: Sells retail high street asset for £23.5m
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading UK Commercial Property Trust – An Example
Let’s say the breakout appeals to you, you think it’s likely to continue. You decide to buy exposure to £10,000 worth of UK Commercial Property Trust using a CFD, at the current price 85.4p (at time of writing). To do this, you need £2,000.
Let’s assume the UK Commercial Property Trust trend continues upwards to 90p (+5.3%). Your profit would be £540, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. UK Commercial Property Trust breaks lower, falling 3% and it hits your stop-loss. Your loss would be £300.
This is provided for information purposes only. It should not be taken as a recommendation.